Carrollton/Farmers Branch Residential Sales Report for March

Carrollton/Farmers Branch Residential Sales Report for March

Sales in Carrollton/Farmers Branch remain strong. Up 14% in March. The average sales price climbed 2% while the median sales price rose 9%. Pending sales increased 7%. The good news was the 22% jump in new listings accompanied by an 18% rise in the number of active listings. The bad news is that these increased only took the months of inventory up to 1.1 months. Very short of the 6 months that is considered a balanced market!

Sales: 179

Average Sales Price: $320,064

Median Sales Price: $285,000

Pending Sales: 187

New Listings: 237

Active Listings: 173

Months of Inventory: 1.1

Information provided by The Real Estate Center

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